Connect with us to find out how R&D Tax Credits can boost your organization’s performance.
Colorado provides a research and development credit for taxpayers located within an Enterprise Zone (EZ). An application is required, therefore the taxpayer must pre-certify with their local EZ Administrator to be eligible to claim the credit (See Form DR 0074). Pre-certified taxpayers who intend to claim an EZ R&D credit must complete a certification application (See Forms DD 0076 or DD 0077) and receive approval from the appropriate EZ Administrator.
Businesses conducting R&D may earn a 3% tax credit on the increase in such expenditures, as compared to that of the prior 2 years (the Base Amount).
Learn more about Colorado's Enterprise Zones Tax Credits here.
R&D Tax Credit Available:
C-Corporation, S-Corporations, LLCs, Partnerships
Deadline for Tax Filing:
Due with Colorado Tax Return
Data Required to Compute Credit:
Claim Period Colorado Qualified R&D Expenses (QREs)
What Information is needed?
QREs for Prior 2 Years
To get an estimate of the potential value of your unclaimed R&D Tax Credits, try out our credit calculator.
Download our R&D Tax Credit Calculator for Android to see how much you can receive from your qualified R&D tax credit expenses.
We were hoping you’d say that. The fundamental truth is that we perform better when we have efficiency and effectiveness in mind.
Minimizing your tax liability only increases your organization’s value and performance, while providing greater opportunity for every dollar.